Midday report: The ChiNext Index fell by 1.02%. Hot sectors like AI applications and commercial aerospace saw significant adjustments.

As of midday, the Shanghai Composite Index fell by 0.6%, the Shenzhen Component Index fell by 0.44%, the ChiNext Index fell by 1.02%, and the BeiGene 50 Index fell by 2.31%. The total market turnover was 1.8952 trillion yuan, a decrease of 350.6 billion yuan compared to the previous day. In terms of sector themes, precious metals, energy metals, and agricultural chemical sectors were active, while commercial aerospace and AI application sectors adjusted. In the market, the precious metals sector continued to strengthen, with Sichuan Gold hitting the limit up, and Hunan Silver and Xiaocheng Technology rising nearly 6%. The energy metals sector also rose, with Huayou Cobalt Industry and Far Aviation Precision rising by over 6%. The agricultural chemicals sector strengthened in the morning, with Oriental Tower rising by over 8%, and Baiao Chemicals and Lianhua Technology rising by over 7%. The commercial aerospace sector adjusted, with individual stocks such as China Star Chart, Tianrun Technology, and Hongxiang Shares falling by over 10%. Several stocks such as LeiKe Defense, Changjiang Communications, and Aerospace Electronics hit the limit down. The AI application sector adjusted, with Tianlong Group, Worth Buying, and Hongbo Pharma 20CM all hitting the limit down, while Tongda Hai and Guangha Communications fell by over 10%.